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Bitcoin and Submarine Sandwiches: Quiznos Restaurant to Pilot Payments via the Bakkt App
3.8.2021
On Tuesday, Bakkt Holdings revealed a partnership between the national quick-service restaurant (QSR) Quiznos. The company Quiznos is a brand based in Denver, Colorado, and the restaurants specialize in offering submarine sandwiches. According to the announcement, Bakkt and a Quiznos location...
HSBC Becomes Latest Bank to Suspend Payments to Crypto Exchange Binance in UK
3.8.2021
HSBC has reportedly become the latest British bank to announce that it has suspended payments to cryptocurrency exchange Binance. Citing a consumer warning by the country’s financial regulator, the Financial Conduct Authority (FCA), the bank told its customers: “We’ve made this...
BTC payments coming to certain Quiznos shops, thanks to Bakkt collaboration
3.8.2021
Quiznos customers will soon be able to pay in Bitcoin via Bakkt's app at certain Colorado locations
HSBC UK reportedly cuts credit card payments to Binance
3.8.2021
“We take our duty as a responsible lender seriously and want to do everything we can to protect you,” HSBC UK reportedly wrote
New study reveals high demand for payments in cryptocurrency
3.8.2021
Over 60% of responding crypto owners said that they were interested in using crypto as a payment method to make online purchases more private or secure
NCR Corporation plans to purchase Bitcoin ATM company LibertyX
2.8.2021
LibertyX currently services 20,000 retail stores in the U.S. with 9,500 crypto ATMs
Voyager Digital acquires crypto payments company Coinify
2.8.2021
"As the adoption of cryptocurrency payments gains momentum, the acquisition of Coinify brings a global payment infrastructure to Voyager's digital asset ecosystem," said Voyager co-founder and CEO Stephen Ehrlich
Mastercard Outlines Plans for Cryptocurrencies, Stablecoins, Central Bank Digital Currencies
2.8.2021
Mastercard’s CEO has outlined the company’s plans to develop products and services around cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs). “We want to be playing a role across all of them … It’s obviously a vibrant space around digital...
Square to acquire Australian fintech Afterpay in $29B deal
2.8.2021
Square will acquire Australian fintech firm Afterpay in a $29 billion stock deal, expecting to close the transaction in Q1 2022
Paypal Hiring Over 100 Crypto Positions as Global Cryptocurrency Adoption Rises
2.8.2021
Payments giant Paypal is hiring more than 100 crypto-related positions as demand for cryptocurrencies grows. Paypal’s CEO recently revealed the company’s expansion plans, stating, “We continue to be really pleased with the momentum we’re seeing on crypto and we’re...
Governments Need to Stop Dismissing Crypto as Illicit Payments and Reckless Speculation, Says El-Erian
2.8.2021
Mohamed El-Erian, an adviser to Allianz and Gramercy Funds Management, says that “The time has come for more western governments to stop dismissing the crypto revolution as some mix of illicit payments schemes and reckless financial speculation.” Western Governments Urged to Stop...
Bank of America outlines 4 potential benefits of El Salvador’s Bitcoin strategy
1.8.2021
“More than 70% of the adult population of El Salvador does not have a bank account,” reads the latest Global Research report from Bank of America. “For that reason, democratizing access to electronic payments, through Bitcoin, has a progressive touch.”
PayPal reportedly assembling crypto team in Ireland as Bitcoin adoption grows
1.8.2021
The new hires will help PayPal expand its crypto-focused business offering at a time of rapid adoption of Bitcoin and Ether
Digitizing charity: We can do better at doing good
1.8.2021
Blockchain technology won’t just make online donations easier, it will pave the way for exciting new forms of charity fundraising
Ukrainian President Signs Law Opening Door for Digital Hryvnia, Regulatory Sandbox
1.8.2021
President Volodymyr Zelensky has signed a law that will allow the National Bank of Ukraine to issue its own digital currency. The new legislation, which aligns Ukrainian regulations with EU rules, will also stiffen authentication requirements for clients of payment service providers....
Fed Governor Lael Brainard Can’t Imagine Future Without Digital Dollar
31.7.2021
Pointing to a number of reasons why a digital version of the U.S. dollar should be created, Federal Reserve Governor Lael Brainard insisted that not having one wouldn’t lead to a sustainable future. The central bank official believes a digital dollar will have both international and domestic...
Bitcoin for cash: Do crypto ATMs make buying BTC easier for the mainstream?
31.7.2021
Bitcoin ATMs may make it easier for the mainstream and unbanked to access crypto, but will security risks hamper adoption?
Paypal Unveils Plans to Expand Cryptocurrency Services With ‘Super App’ and Open Banking Integration
30.7.2021
Payments giant Paypal has outlined its plans to expand cryptocurrency services, including via a new wallet “super app,” open banking integration, U.K. expansion, and third-party wallet transfers. “We continue to be really pleased with the momentum we’re seeing on crypto...
Digital Yuan to Promote International Use of Chinese Currency, Experts Say
30.7.2021
The new digital yuan, currently undergoing trials, can help to increase the international usage of China’s national fiat, experts have stated. As the renminbi (RMB, CNY) is becoming one of the world’s most important currencies, the People’s Bank of China is planning to conduct...
Ghana Vice President Praises Central Bank’s CBDC Initiative, Says Digital Currencies Can Boost Intra-African Trade
30.7.2021
The Ghanaian Vice President, Mahamudu Bawumia, has implored African governments to start exploring digital currencies as such alternatives have the potential to enhance intra-African trade. In addition, such digital currencies allow African countries to carry out all cross-border payments smoothly...